Price Analysis

Stellar Lumens Price Analysis: Stellar (XLM) To Escalate Soon From The Shadows Of Grim

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Stellar is preparing everyone for the Meridian Conference in November. Followers are expecting huge announcements in this conference which will help in improving the capitalization of Stellar. As of now, the price might not manifest good escalations, but hopefully, the conference will make it worth the entire wait.

Price Analysis on Stellar on 4th July 2019:

XLM is currently trading at $0.10311 at 06:11 UTC as on 4th July 2019. The other calculations are as follows:

Stellar Price Chart - 4 July
Stellar Price Chart
  • Return on Investment: 3415.47%
  • Market Ranking: 12
  • 24 Hour Volume: 405,170,491 USD
  • Market Cap Value: 2,032,038,851 USD
  • Total supply/ Circulating Supply: 105,122,657,252 XLM/ 19,424,973,096 XLM
  • 7 Day high/ low: 116721 USD/ 0.099550 USD

Stellar Price Comparison:

Considering the price data from the start of this month until now, 1st July had the highest trading value of 0.1099 USD in the said time frame. However, the value was dropped by 8.68% by the next day, reflecting the lowest price 0.137769 USD. By 3rd July, the value saw an upsurge of 5.14% when the value was trading at 0.1055 USD from that of 0.10042665 USD. The value further increased to $0.1062, which now dropped by 2.9% from then.

Stellar Price Prediction and Conclusion:

Today, it seems to have a similar trend as it had manifested two days back. Stellar is still trending in the bearish zone with calculated resistance level and support level of $0.1091 and $0.1021 respectively. In this zone, the number of supplies can increase as it invites new investors on board.

Investors who have Stellar in their portfolio might be feeling a crunch right now, but the timely move might be to hang in there for Stellar to escalate back in the upward direction.

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on world's leading digital currencies. She holds graduate degree in journalism.

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